Monday, June 05, 2023 12:05:26 AM
GLTA..
AABB recently released its financial results for the first quarter ending March 31, 2023, confirming a robust gross profit of $4.6 million. Leading the way was record high quarter for the Company’s digital assets segment with $3.9 million in sales of the AABBG token combined with the initial sales of the Golden Baboons Mining Club NFT (Non-Fungible Token) collection launch in late February. Additionally, the mining segment continued its gold production from 2022 into Q1 of this year and is expected to expand dramatically with the installation of a new processing facility and the commencement of the ore stockpile production in the second half of 2023. The achievement of these milestones and the continued progress with its business plans affirms the Company’s ongoing success of its digital asset and mining operations.
AABB has recently expedited the development of significant changes and enhancements to all the components of AABB’s digital assets division. The release of key improvements to the AABBG token, AABB Exchange and PayAABB are expected to be implemented in the 2nd and 3rd quarters….
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